A transaction-level analysis of 92 community banks found $78.3 million in net deposits moved to Coinbase over 13 months, with money market accounts losing most outflows.
Related Posts
Crypto Market Rebounds 5% as U.S.–China Trade Tensions Ease and $550B Flows Back In
Crypto snapped back on Monday as a diplomatic cool-down between Washington and Beijing helped erase part of Friday’s historic wipeout. Total crypto market cap jumped roughly 5%, with over $550 billion flowing back into digital assets after a panic sparked by talk of 100% U.S. tariffs on Chinese goods. Related Reading: Friday’s Crypto Crash: The […]
Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says
Strategy has $1.4 billion in cash, no debt due until 2027, and Bitcoin’s price is above the company’s cost basis, making a sale unlikely, argues Matt Hougan.
BlackRock Holds Back on XRP as ETF Rumors Heat Up for Cardano, Polkadot, and Chainlink
BlackRock, the world’s largest asset manager, has opted not to file for a U.S. spot XRP ETF in 2025 despite the SEC reclassifying XRP as a digital commodity and settling its lawsuit with Ripple. Related Reading: Ethereum Scores Milestone As Chinese Firm Floats 1st Public RWA Bond The decision comes as competitors such as Grayscale, […]